Word: peak
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Dates: during 1950-1959
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...early 19th century, notes and mortgages predominated (60 percent of the total investment in 1831), but from 1850 on, they were rapidly replaced by bonds. Bonds, which were not even mentioned in the 1831 report, steadly climbed until they reached a peak of 73 percent of the portfolio...
From Alaska, George W. Argus Jr. wrote on April 14 to his parents, who run a Brooklyn bakery: he was going to climb Mt. McKinley (20,269 ft.), North America's mightiest peak, soaring upward three miles from its base. Moreover, he was going to try the formidable South Buttress. "It's as safe as walking down the street in New York," he wrote...
...Army Arctic Training Center at Big Delta. Pfc. Argus climbed a lot, but nothing really big until he tried McKinley with three friends, all former fellow students: Elton Thayer, the leader, a McKinley Park ranger and experienced mountaineer; Morton Wood; pilot and homesteader, who had assaulted the peak before, but failed; Pfc. Leslie Viereck of Ladd Air Force Base...
They holed up in their tent during a three-day snowstorm, then spent four more days cutting exactly 1,038 steps up another great wall of ice. At about 2:30 p.m. on May 15, the day they were due back, they reached the peak, left souvenirs and posed for pictures-"Like at Coney Island," Argus said. The next day they started down along the conventional north route instead of the South Buttress; it was, they knew, far easier and safer-but not really safe...
From high in the Himalayas, a runner brought eight-day-old word that Sir Ed mund Hillary, 34, who one year ago reached the top of Mount Everest with Sherpa Guide Tenzing Norkey, was bat tling an unexpected threat to his life on another peak. After breaking a rib while rescuing a climbing companion on lofty (23,800 ft.) Mount Baruntse, Hillary fell ill with pneumonia. Aided by oxygen and penicillin sent from a nearby U.S. expedition, he was presumably being carried down from the 22,500-ft. heights of a glacier by fellow mountaineers...